Polish interest rate hike

A Rate Hike in Poland

May 9, 2012

The National Bank of Poland, also known as Narodowy Bank, has raised its key reference interest rate to 4.75% from 4.5%.  This was the first change since a 25 basis point increase in June 2011 and caught a majority of analysts by surprise, not that central bank officials didn’t leave clues that they might tighten.  […] More